The Number of Spotify Premium Subscribers Continues to Increase Through 2022

Technology & Telecommunications

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Nabilah Muhamad 14/06/2023 17:20 WIB

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As of the last quarter of 2022, Spotify had 205 million premium users worldwide. This number has consistently increased since 2018.

Number of Spotify Premium Subscribers Worldwide (Q1 2018 - Q4 2022)

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Number of Spotify Premium Subscribers Worldwide (Q1 2018 - Q4 2022)

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Spotify is a music streaming service founded in 2006. This Swedish application allows users to listen to various music genres from around the world.

In addition to offering a basic service, which involves music playback with interspersed advertisements, Spotify also offers a premium package.

Through Spotify Premium, users can listen to music without interruptions and can freely choose songs.

From 2018 to 2022, Spotify Premium users increased significantly. This is recorded in Spotify's quarterly report titled *Q4 2022 Update*.

According to the report, the number of Spotify users with premium subscriptions reached 205 million in Q4 2022. This figure increased by 14% compared to Q4 of the previous year (year-on-year/YoY).

Spotify also recorded an 18% (YoY) increase in revenue, from EUR 2,295 million (approximately Rp 36.93 trillion, assuming Rp 16,092 per EUR) in Q4 2021 to EUR 2,717 million (approximately Rp 44.59 trillion) in Q4 2022.

Spotify also reported that in Q1 2023, the number of its premium users increased by 2 million subscribers, bringing the total to 207 million subscribers.

(Also read: [Spotify Mau PHK Massal, Ini Pertumbuhan Karyawannya sejak Pandemi](https://databoks.katadata.co.id/datapublish/2023/01/24/spotify-mau-phk-massal-ini-pertumbuhan-karyawannya-sejak-pandemi))

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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The Number of Spotify Premium Subscribers Continues to Increase Through 2022

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